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I have property insurance on my car for $50,000. If I am involved in a car accident and the value of the other car or house damage is $100,000 who will pay the rest?

You, when someone sues you for remainder of the damage you caused.

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It can be easy to do 50 grand worth of damage. If you’re worried about it you could check into the cost to raise your property damage liability limit.

Last updated: Apr. 14, 2013 Redesign Survey